Permanent Life Insurance

Often referred to as Whole Life Insurance, a Permanent Life Insurance policy covers you for your whole life.

In the event of your death, it provides your beneficiaries with a tax-free payment to be used as they see fit. Some of the Life Insurance providers we work with offer plans that can build cash value over time.

The premiums associated with Permanent Life Insurance are usually guaranteed not to increase from the time you first buy the policy to the time the final payment is made. Other providers of Permanent Life Insurance offer plans that allow you to pay premiums for a limited time and then never again.

How do I know what option is best for me?

At InsureBC, we have a department called InsureBC Financial Services which specializes in all aspects of Life Insurance. Our team of experts pride themselves in providing our clients with a comprehensive analysis in an effort to offer customized products for each individual’s unique circumstances. As a Life Insurance broker, InsureBC Financial Services is contracted with all major carriers such as Manulife, Sun Life, Canada Life, and others, in order to find the best solution for each situation. Whether you are best suited for term life insurance, whole life insurance or perhaps your situation asks for a more unique solution, our Life Insurance Experts can assist you with finding the best possible option.